$1,840,000 USD
503-957-7945
2710 S 107th Ave
Avondale, AZ 85323
Avondale Gateway
HIGHLIGHTS
- Leased through April 30, 2040, providing stable, passive income with limited landlord responsibilities.
- 10% contractual rent increases every five years, backed by a full-term personal guaranty from Filiberto’s founders and principals.
- Approximately 195,000 annual visits, ranking in the top 7% of Filiberto’s locations nationwide and #1 within a 10-mile radius, per Placer.ai.
- Located at the signalized intersection of S 107th Ave and W Lower Buckeye Rd with dual street frontage, visibility, and convenient access.
- New roof installed in 2023 with a 10-year warranty, helping minimize near-term capital needs.
- Round-the-clock operations with drive-thru functionality support consistent traffic and high-frequency customer visits.
FOR SALE DETAILS
PRICE
$1,840,000 USD
PRICE/SF
$836 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Filiberto's - Avondale, AZ
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
27
LAND DETAILS
CROSS STREETS
107th ave
LAND ACRES
0.75 AC
LAND SF
32,670 SF
ZONING
PAD
APN/PARCEL ID
101-54-936
ASK ABOUT THIS PROPERTY
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503-957-7945
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Please correct the highlighted field(s).
503-957-7945
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
